Dubai's Real Estate Bubble

To signal its recovery, Dubai is planning to build a real estate bubble, literally. It's a 600 meter tall building shaped like a soap-bubble, that is largely empty except for a roof top space for bars and restaurants. The large lobby also has some retail space. The building is designed by renowned firm Hawks International, and will be developed by Dubai real developers Khayal Holdings. Works are expected to start in 2014. The building will be known as The Dubai Real Estate Bubble.

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